T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 35.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,903 shares of the Wireless communications provider’s stock after acquiring an additional 756 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in T-Mobile US were worth $641,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. Barclays PLC raised its holdings in T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Tallon Kerry Patrick acquired a new position in T-Mobile US during the fourth quarter worth $2,138,000. Daymark Wealth Partners LLC acquired a new position in T-Mobile US during the fourth quarter worth $210,000. SG Americas Securities LLC raised its holdings in shares of T-Mobile US by 117.5% in the fourth quarter. SG Americas Securities LLC now owns 80,753 shares of the Wireless communications provider’s stock worth $17,825,000 after acquiring an additional 43,627 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of T-Mobile US by 4.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 197,086 shares of the Wireless communications provider’s stock worth $43,503,000 after acquiring an additional 8,689 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. The trade was a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.67% of the stock is owned by company insiders.

T-Mobile US Stock Performance

T-Mobile US stock opened at $242.88 on Friday. The stock has a fifty day moving average price of $252.32 and a 200 day moving average price of $243.60. T-Mobile US, Inc. has a 52 week low of $164.76 and a 52 week high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $275.78 billion, a P/E ratio of 25.12, a PEG ratio of 1.55 and a beta of 0.69.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter in the previous year, the business earned $2.00 earnings per share. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen cut T-Mobile US from a “buy” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a report on Tuesday, March 18th. UBS Group cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Citigroup cut T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target for the company. in a report on Friday, March 14th. Finally, Barclays boosted their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average price target of $257.68.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.